16616 SYLVAN DRIVE
About This Property
This thoughtfully renovated home is beautifully sited on a fantastic piece of property in the Forest Hill community of Bowie, MD. Boasting 4 generous bedrooms and 2 full bathrooms, this stunning home is designed for modern living and comfort with a host of incredible features.
Enter and notice the beautiful Luxury Vinyl Plank flooring throughout the ideal open floorplan. Bright windows enhance the living and dining spaces with abundant natural light, setting a warm and inviting tone for family/friend gatherings or more intimate living and relaxation.
The spectacular all-white kitchen calls out to your inner chef with its gleaming countertops, sleek cabinetry, and stainless-steel Whirlpool appliances for all of your culinary endeavors, and the kitchen island serves as a lovely focal point with additional seating.
4 generous bedrooms are served by 2 luxurious full bathrooms. Enjoy rain showerheads in both bathrooms as well as contemporary fixtures and finishes.
Step outside and enjoy closeness to nature your backyard oasis. On the exterior of the home, an expansive deck is ideal for outdoor grilling, dining, relaxing, or hosting gatherings while 1.23 acres awaits you with endless possibilities.
Move-in Worry-Free!
New Roof, Recently Pumped and Inspected Septic Tank, Brand-New Water Treatment System, Detached Garage with Brand New Lift Door and Epoxy Floor, and much more! The location grants easy access to an abundance of shopping, dining, and entertainment options via Rt. 50. Experience the perfect blend of modern comfort and convenience that awaits you at 16616 Sylvan Dr. Don't miss this fantastic opportunity to make this move-in ready home yours today!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2025 | Listed | $580,000 | |
| Listed | |||
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This is a fantastic opportunity for anyone looking for a home with a big yard and privacy. This house was renovated about a year ago and it shows well.
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| Apr 26, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | In contract | - | |
| In contract | |||
| Apr 13, 2024 | Relisted | $479,000 | |
| Relisted | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017